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The vision re-imagines 12 acres of city\u2011owned land next to City Hall, creating what it calls, \u201ca vibrant, new downtown area that will spur economic growth and become a destination for residents and visitors alike.\u201d<\/p>\nPosted on March 17, 2026<\/p>\n
Mississauga Council has endorsed a new vision for the future of the city\u2019s downtown core.<\/p>\n
The vision re-imagines 12 acres of city\u2011owned land next to City Hall, creating what it calls, \u201ca vibrant, new downtown area that will spur economic growth and become a destination for residents and visitors alike.\u201d<\/p>\n
Anchoring the vision is a 500,000-square-foot convention centre and 400-room hotel with as many as 3,000 underground parking spaces. A new music hub is planned to include a 5,000-seat performance venue, recording studios, and a music school.<\/p>\n
The plan also features a 9-storey office building and 20-storey purpose-built rental development, a mix of open spaces, including a signature Sky Park, and a redesigned and widened Princess Royal Drive with \u201catrium style\u201d open space.<\/p>\n
The vision is part of Mississauga\u2019s ongoing efforts to transform the downtown core from its suburban origins into a dynamic, walkable, urban centre supported by light-rail transit.<\/p>\n
\u201cAs a vibrant and growing city Mississauga is prepared to take a step forward,\u201d said Mayor Carolyn Parrish. \u201cMunicipally owned lands in our city centre should be optimized to enhance job-creation, re-invigorate our creative industries, attract more tourist spending, and place our city firmly on the map for international conventions. Bold vision has grown our city. Bold vision will propel us even further ahead.\u201d<\/p>\n
The redevelopment site includes the Living Arts Centre (LAC) and four other parcels of City-owned land that are currently used as parking lots and underutilized space. While the LAC remains a cornerstone of Mississauga\u2019s cultural infrastructure, the building is outdated and requires significant investment to make it viable to meet the needs of a modern city.<\/p>\n
In total, these lands provide a rare opportunity to revitalize almost 12 acres of the city\u2019s downtown through a comprehensive planning approach.<\/p>\n
The redevelopment is expected to further increase accommodation demand in the downtown, generating up to $2 million annually in additional tax revenues. The project is also expected to create 28,000 job-years in construction trades, engineering and professional services as well as indirect local employment, and $4 billion in total economic output.<\/p>\n
\u201cThe vision for this redevelopment marks a bold and exciting step forward for Mississauga\u2019s downtown that will drive economic growth for our city as a whole,\u201d said City Manager Geoff Wright. \u201cBy revitalizing city-owned lands in a comprehensive way, we\u2019re creating new opportunities for tourism, employment, housing and creative industry growth. This is a once\u2011in\u2011a\u2011generation opportunity, and we look forward to working closely with our residents, businesses and partners to bring this transformative vision to life.\u201d<\/p>\n
City staff will provide an update on the project in June.<\/p>\n","protected":false},"excerpt":{"rendered":"Posted on March 17, 2026 Mississauga Council has endorsed a new vision for the future of the city\u2019s…\n","protected":false},"author":2,"featured_media":543770,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194297],"tags":[49,48,55405],"class_list":{"0":"post-543769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mississauga","8":"tag-ca","9":"tag-canada","10":"tag-mississauga"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/543769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=543769"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/543769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/543770"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=543769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=543769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=543769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}